Can I buy an Airbnb with 15% down?

Yes, with the Hybrid Investor Loan at up to 85% LTV, for loans up to $2M at the top credit tier with full doc, bank statement or 1099 income. DSCR purchases go up to 80%.

Do I need rental history to get a short-term rental loan?

No. Neither program needs the property to have hosted before. An AirDNA projection or an STR appraisal can qualify a purchase, and a property that is already renting can use 12 months of booking history or bank deposits.

DSCR or the Hybrid Investor Loan, which fits?

If you want the property's income alone to qualify the loan and can put 20% down, DSCR keeps your personal income off the file. If you want to put 15% down, or this is your first investment property, the Hybrid Investor Loan qualifies you on your income plus the property's rent, and projections count. Your Loan Advisor can price both.

Can I buy an Airbnb in an LLC?

Yes. Both programs allow LLC vesting, including single-member and multi-member LLCs, so you can close in your name or your company's.

Can I use the property myself?

No. These are investment property loans for properties rented to guests, not personal vacation homes.

What if my city restricts short-term rentals?

We finance short-term rentals in markets where they are legal. If the city requires a permit or license, the property needs it before closing, and we check the local rules with you during the deal analysis.

Do you finance condotels?

Yes. We finance condotel units as short-term rentals, valued by STR-specific appraisers on what they earn, and a dedicated condo team reviews the project documents. Non-warrantable condos are eligible too.

How fast can I close?

DSCR loans can close in as little as 15 days. Hybrid Investor Loans typically close in 21 to 30 days.

Airbnb and short-term rental loans, no rental history needed.

Buy the cabin, condo or beach rental on a market projection of what it will earn. The Hybrid Investor Loan goes up to 85% LTV at the top credit tier.

Get my STR quote Call (800) 304-1925

Qualify on projected STR income
Soft credit pre-approval
LLC vesting allowed
STR deal analysis at no cost

4.9 stars from 1,000+ reviews

Recognized lending partner of AirDNA, Rabbu, Mashvisor, and BiggerPockets.

Mashvisor

Two ways to finance a short-term rental

Both programs finance a short-term rental with no rental history. The difference is what qualifies the loan, and how much you need to put down.

Two ways to finance a short-term rental
Qualifies on
	DSCR loan	Most leverageHybrid Investor Loan
Qualifies on	The property's rent, with no personal income on file	Your income plus the property's rent, projections included
Max purchase LTV
Max purchase LTV	Up to 80%	Up to 85%
What the max LTV requires
What the max LTV requires	Top credit tier, DSCR of 1.00 or higher, loans up to $1.5M	Top credit tier, loans up to $2M, full doc, bank statement or 1099 income
Minimum credit score
Minimum credit score	640	620
Loan amounts
Loan amounts	$100K to $3.5M	$100K to $4M
Rental history
Rental history	Not needed	Not needed
Typical closing
Typical closing	As little as 15 days	21 to 30 days
LLC vesting
LLC vesting	Allowed	Allowed
Best for
Best for	Investors who want the rental's income alone to carry the loan	First-time STR buyers, and anyone who wants to put 15% down
	Get my quote, DSCR loan	Get my quote, Hybrid Investor Loan

Not sure which fits? Your Loan Advisor can price both before you choose.

No rental history? Four ways to prove the income

A property that has never hosted a guest can still qualify. Any one of these sets the rent we underwrite.

AirDNA market projection
An AirDNA projection for the address, dated within 90 days, can qualify a purchase that has never hosted a guest.
STR appraisal
An appraiser who specializes in short-term rentals values the property on what it earns by the night, not what it would rent for by the year.
12 months of booking history
A 12-month statement from Airbnb, VRBO or your management platform, for a property that is already hosting.
12 months of bank deposits
Bank statements showing 12 months of short-term rental deposits.

On a purchase, the projection or STR appraisal stands in for the booking history the property does not have yet. We review it with you before you make an offer, so you know where the deal stands.

Short-term rentals we finance

Single family homes
Detached and attached homes rented to guests by the night or the week.
Condos and beach rentals
Beach, ski and city condos in buildings that allow short-term rentals.
2 to 4 units
Duplexes, triplexes and fourplexes, with every unit on the rental calendar.
Cabins and rural properties
Mountain and lake cabins, including rural properties up to 10 acres on the Hybrid Investor Loan.
Non-warrantable condos
Projects that fail the agency test, measured against our own condo criteria instead.
Condotels
Condo-hotel units, financed as short-term rentals and valued by STR-specific appraisers on what they earn.

How it works

STR deal analysis at no cost
Send us the listing before you make an offer. We model nightly revenue, expenses and cash flow so you know whether the deal works.
Soft credit pre-approval
Your pre-approval uses a soft credit pull, so writing offers does not cost you a hard inquiry.
STR appraisal
An STR-specific appraiser values the property on what it earns as a short-term rental.
Close in your name or your LLC
DSCR loans can close in as little as 15 days. Hybrid Investor Loans typically close in 21 to 30 days.

STR investors we've financed

Our Loan Advisors invest in real estate too, so they look at your deal the way they would look at their own.

4.9

1,000+ reviews across all platforms

4.9 starsGoogle
4.9 starsZillow

Hunter provided exceptional support in the funding of my first STR loan. He was very responsive and ensured that all issues and questions were rapidly resolved. The loan was delivered on time and at a lower cost than the original good faith estimate.
Mark, STR investor, Google review
Dominick was great to work with on our transaction with my investor client! He was very responsive and did everything he could to make sure the transaction went smooth from start to finish. Had great knowledge on STR's specifically which made the process even more streamlined!
Megan, Real estate agent, Nashville, TN
Dominick and Kim were true professionals from start to finish. As hiccups always happens with these deals, they remained poised and kept fluid updates throughout keeping the clients goals top of mind. Dominick will now be a go to lender for my team which operates the Disney Corridor area.
Austin, Real estate agent, Austin, TX

Case study

From one Airbnb to five in 14 months

A full-time host owned one cabin in Sevierville, Tennessee, and his bank would not finance another because depreciation kept his taxable income low. We financed each new rental on its own short-term rental income, and cash-out refinances on the ones already booking funded the next down payment. Fourteen months later he owned five short-term rentals across Tennessee, North Carolina and Florida, with the same team on every loan.

short-term rentals: 1 to 5
months: 14
states: 3

Short-term rental loan questions

Get your short-term rental quote

STR deal analysis at no cost
One named Loan Advisor from quote to closing
Soft credit pull, with no hard inquiry

Prefer to talk it through? Call (800) 304-1925

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Airbnb and short-term rental loans, no rental history needed.

Two ways to finance a short-term rental

No rental history? Four ways to prove the income

AirDNA market projection

STR appraisal

12 months of booking history

12 months of bank deposits

Short-term rentals we finance

Single family homes

Condos and beach rentals

2 to 4 units

Cabins and rural properties

Non-warrantable condos

Condotels